Chrysler Talking With Lotus Cars

May 10, 1985

Chrysler Corp. confirmed it is holding talks with British sports-car producer Lotus Cars Ltd. But Chrysler spokesman Baron Bates insisted, ``We aren`t on the verge of any deal yet; we`re talking about a menu of things.``

He denied reports that a deal was close for Chrysler to buy a 3 to 5 percent interest in Lotus.